Trump Gives Putin a Hand in Russia’s Economic War With Ukraine
Key Points:
- With front lines largely static, Russia and Ukraine are focusing on economic warfare, targeting each other's oil refineries, ports, and heavy industries.
- President Trump announced a deal to purchase Russian diesel fuel, potentially injecting $4 billion into the Russian economy despite ongoing conflict.
- Trump is pressuring Ukraine to cease attacks on Russian refineries, which are crucial for undermining Russia's war financing.
- The diesel deal and pressure on Ukraine appear aimed at reducing U.S. diesel prices ahead of the midterm elections, with little benefit expected for Ukraine.